Shinhan Bank lifts third-quarter operating profit 8.57% to 1.59 trillion won
Reuters reports Shinhan Bank's third-quarter operating profit reached 1.59 trillion won, up 8.57% year on year.
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what happened
According to Reuters, Shinhan Bank posted operating profit of 1.59 trillion won in the third quarter. That was 8.57% higher than in the same period a year earlier.
Reuters published the figures in its coverage of Shinhan Financial Group Co., Ltd.'s third-quarter results.
why it matters
The result concerns one of South Korea's largest banks. Quarterly earnings of this kind shape investor sentiment toward Korea's financial sector and the shares of Shinhan Financial Group.
market impact
South Korean banks: higher profit at a major lender supports the sector
tags
instruments
sources
- Shinhan Financial Group Co., Shinhan Bank Q3 Operating. Profit 1.59 Trln Won, Up 8.57% Y/Y — Reuters, 27 October 2026 at 04:29 UTC
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